Former Lawrence House MD Sargeant retires

Mike Sargeant, a former managing director of boutique multi-manager Lawrence House, has announced his retirement.

Currently managing director (MD) of Pharon IFA, the former parent company of Lawrence House before the fund manager was sold to Brooks Macdonald last year, Sargeant is stepping down in September. He has spent 23 years at Canterbury-based Pharon, including six as MD, and says he plans to offer management consultancy services within the financial services sector. "The last 23 years have been an incredible experience and I have learnt and experienced an enormous amount over this time," Sargeant says. "But now I feel it is right for me, and for the company, to move on." Pharon CEO Roge...